100+ datasets found
  1. U.S. projected Consumer Price Index 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

  2. T

    Euro Area Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 17, 2025
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    TRADING ECONOMICS (2025). Euro Area Inflation Rate [Dataset]. https://tradingeconomics.com/euro-area/inflation-cpi
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    excel, json, csv, xmlAvailable download formats
    Dataset updated
    Jul 17, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1991 - Jul 31, 2025
    Area covered
    Euro Area
    Description

    Inflation Rate In the Euro Area remained unchanged at 2 percent in July. This dataset provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  3. T

    Japan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 9, 2025
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    TRADING ECONOMICS (2025). Japan Inflation Rate [Dataset]. https://tradingeconomics.com/japan/inflation-cpi
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1958 - Jun 30, 2025
    Area covered
    Japan
    Description

    Inflation Rate in Japan decreased to 3.30 percent in June from 3.50 percent in May of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  4. Argentina: food and non-alcoholic consumer price index 2017-2025

    • statista.com
    Updated Jun 26, 2025
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    Statista (2025). Argentina: food and non-alcoholic consumer price index 2017-2025 [Dataset]. https://www.statista.com/statistics/1365133/food-non-alcoholic-beverages-consumer-price-index-argentina/
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    Dataset updated
    Jun 26, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2017 - May 2025
    Area covered
    Argentina
    Description

    In May 2025, the Consumer Price Index (CPI) for food and non-alcoholic beverages in Argentina reached *****. In contrast, in the same month of the previous year, the value was of *****.

  5. Inflation rate in China 2014-2030

    • statista.com
    • ai-chatbox.pro
    Updated Apr 24, 2025
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    Statista (2025). Inflation rate in China 2014-2030 [Dataset]. https://www.statista.com/statistics/270338/inflation-rate-in-china/
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    Dataset updated
    Apr 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    In 2024, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. For 2025, projections by the IMF expect slightly negative inflation. The monthly inflation rate in China dropped to negative values in the first quarter of 2025. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

  6. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

  7. Global inflation rate from 2000 to 2030

    • statista.com
    • ai-chatbox.pro
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    Statista, Global inflation rate from 2000 to 2030 [Dataset]. https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    Worldwide
    Description

    Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

  8. T

    Pakistan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 1, 2025
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    TRADING ECONOMICS (2025). Pakistan Inflation Rate [Dataset]. https://tradingeconomics.com/pakistan/inflation-cpi
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    xml, excel, csv, jsonAvailable download formats
    Dataset updated
    Aug 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1957 - Jul 31, 2025
    Area covered
    Pakistan
    Description

    Inflation Rate in Pakistan increased to 4.10 percent in July from 3.20 percent in June of 2025. This dataset provides the latest reported value for - Pakistan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  9. F

    Fiji Inflation, monthly percent change in the CPI, June, 2025 - data, chart...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jun 15, 2025
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    Globalen LLC (2025). Fiji Inflation, monthly percent change in the CPI, June, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Fiji/inflation_monthly/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 29, 2016 - Jun 30, 2025
    Area covered
    Fiji
    Description

    Inflation, monthly percent change in the CPI in Fiji, June, 2025 The most recent value is 0.16 percent as of June 2025, a decline compared to the previous value of 0.32 percent. Historically, the average for Fiji from February 2016 to June 2025 is 0.19 percent. The minimum of -2.62 percent was recorded in March 2021, while the maximum of 2.26 percent was reached in January 2017. | TheGlobalEconomy.com

  10. I

    Ivory Coast Inflation, monthly percent change in the CPI, June, 2025 - data,...

    • theglobaleconomy.com
    csv, excel, xml
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    Globalen LLC, Ivory Coast Inflation, monthly percent change in the CPI, June, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Ivory-Coast/inflation_monthly/
    Explore at:
    xml, csv, excelAvailable download formats
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 2017 - Jun 30, 2025
    Area covered
    Côte d'Ivoire
    Description

    Inflation, monthly percent change in the CPI in the Ivory Coast, June, 2025 The most recent value is 0.29 percent as of June 2025, an increase compared to the previous value of 0.1 percent. Historically, the average for the Ivory Coast from February 2017 to June 2025 is 0.21 percent. The minimum of -1.44 percent was recorded in February 2017, while the maximum of 3.58 percent was reached in April 2017. | TheGlobalEconomy.com

  11. A

    Argentina Inflation, monthly percent change in the CPI, June, 2025 - data,...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Aug 6, 2024
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    Globalen LLC (2024). Argentina Inflation, monthly percent change in the CPI, June, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Argentina/inflation_monthly/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Aug 6, 2024
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2017 - Jun 30, 2025
    Area covered
    Argentina
    Description

    Inflation, monthly percent change in the CPI in Argentina, June, 2025 The most recent value is 1.6 percent as of June 2025, an increase compared to the previous value of 1.5 percent. Historically, the average for Argentina from January 2017 to June 2025 is 4.55 percent. The minimum of 1.2 percent was recorded in November 2017, while the maximum of 25.5 percent was reached in December 2023. | TheGlobalEconomy.com

  12. U.S. inflation rate versus wage growth 2020-2025

    • statista.com
    Updated May 8, 2025
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    Statista (2025). U.S. inflation rate versus wage growth 2020-2025 [Dataset]. https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
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    Dataset updated
    May 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2020 - Mar 2025
    Area covered
    United States
    Description

    In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

  13. T

    Thailand Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 7, 2025
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    TRADING ECONOMICS (2025). Thailand Inflation Rate [Dataset]. https://tradingeconomics.com/thailand/inflation-cpi
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1977 - Jun 30, 2025
    Area covered
    Thailand
    Description

    Inflation Rate in Thailand decreased by 0.25 percent in June from -0.57 percent in May of 2025. This dataset provides the latest reported value for - Thailand Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  14. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-in-the-united-states/
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    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

  15. Inflation Nowcasting Monthly Month-Over-Month

    • clevelandfed.org
    Updated Mar 10, 2017
    + more versions
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    Federal Reserve Bank of Cleveland (2017). Inflation Nowcasting Monthly Month-Over-Month [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting
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    Dataset updated
    Mar 10, 2017
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Inflation Nowcasting Monthly Month-Over-Month is a part of the Inflation Nowcasting indicator of the Federal Reserve Bank of Cleveland.

  16. Inflation Nowcasting

    • clevelandfed.org
    json
    Updated Mar 10, 2017
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    Federal Reserve Bank of Cleveland (2017). Inflation Nowcasting [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 10, 2017
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

  17. B

    Burkina Faso Inflation, monthly percent change in the CPI, May, 2025 - data,...

    • theglobaleconomy.com
    csv, excel, xml
    Updated May 15, 2025
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    Globalen LLC (2025). Burkina Faso Inflation, monthly percent change in the CPI, May, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Burkina-Faso/inflation_monthly/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 2017 - May 31, 2025
    Area covered
    Burkina Faso
    Description

    Inflation, monthly percent change in the CPI in Burkina Faso, May, 2025 The most recent value is 0.87 percent as of May 2025, a decline compared to the previous value of 0.97 percent. Historically, the average for Burkina Faso from February 2017 to May 2025 is 0.27 percent. The minimum of -2.2 percent was recorded in January 2019, while the maximum of 3.92 percent was reached in May 2020. | TheGlobalEconomy.com

  18. F

    Personal Consumption Expenditures: Chain-type Price Index

    • fred.stlouisfed.org
    json
    Updated Jul 31, 2025
    + more versions
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    (2025). Personal Consumption Expenditures: Chain-type Price Index [Dataset]. https://fred.stlouisfed.org/series/PCEPI
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    jsonAvailable download formats
    Dataset updated
    Jul 31, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Personal Consumption Expenditures: Chain-type Price Index (PCEPI) from Jan 1959 to Jun 2025 about chained, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

  19. Egypt CPI: Food and Non Alcoholic Beverage Change

    • ceicdata.com
    • dr.ceicdata.com
    Updated Feb 1, 2025
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    CEICdata.com (2025). Egypt CPI: Food and Non Alcoholic Beverage Change [Dataset]. https://www.ceicdata.com/en/indicator/egypt/cpi-food-and-non-alcoholic-beverage-change
    Explore at:
    Dataset updated
    Feb 1, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Egypt
    Description

    Key information about Egypt CPI: Food and Non Alcoholic Beverage Change

    • Egypt CPI: Food and Non Alcoholic Beverage Change was reported at 3.700 % in Feb 2025.
    • This records a decrease from the previous number of 20.800 % for Jan 2025.
    • Egypt CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 14.368 % from Sep 2008 to Feb 2025, with 198 observations.
    • The data reached an all-time high of 73.600 % in Sep 2023 and a record low of -4.800 % in Oct 2019.
    • Egypt CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
    • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.

    CEIC extends history for monthly Consumer Food Price Index Growth. The Central Agency for Public Mobilization and Statistics provides Consumer Food Price Index Growth with base 2018-2019=100. Consumer Food Price Index covers Urban area only as it is the official index used for inflation calculation in Egypt. Consumer Food Price Index Growth prior to January 2017 is calculated from Consumer Food Price Index with base January 2010=100. Consumer Food Price Index Growth prior to August 2010 is calculated from Consumer Food Price Index with base January 2007=100.

  20. Rate of inflation for food in the United Kingdom (UK) 2015-2025

    • statista.com
    Updated May 19, 2025
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    Statista (2025). Rate of inflation for food in the United Kingdom (UK) 2015-2025 [Dataset]. https://www.statista.com/statistics/537050/uk-inflation-rate-food-in-united-kingdom/
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    Dataset updated
    May 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2015 - Mar 2025
    Area covered
    United Kingdom
    Description

    In March 2025, the inflation rate for food prices in the United Kingdom was measured at three percent. A period of continuous deflation between March 2015 and January 2017 preceded a return to a sustained rise in the cost of food from February 2017 onwards. While food prices were deflating between September 2020 and July 2021, they started increasing rapidly from August 2021 to March 2023. The inflation rate started to decline from April 2023. Inflation rate and consumer price indexInflation is commonly measured via the consumer price index, which illustrates changes to prices paid by consumers for a representative basket of goods and services. An annualized percentage change in the price index constitutes a measure of inflation. In order to maintain an inflation rate at a stable level, to enable the general public and businesses to plan their spending, the Government set a two percent inflation target for the Bank of England. The discounter boom The increase in food prices in the United Kingdom has shifted shopping behaviours amongst consumers. Value is now key and shoppers are changing their retailer loyalties. Aldi, the German discount supermarket retailer, overtook Morrisons as Great Britain's fourth largest supermarket in September of 2022. Aldi's market share reached double digits for the first time in April 2023. It is yet to be seen if Lidl, Aldi's discounter competitor, can also continue to rise up in the ranks and eventually take over Morrisons as the fifth leading food retailer.

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Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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U.S. projected Consumer Price Index 2010-2029

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Dataset updated
Aug 21, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

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